SovereignBishop

I agree with these points completely. I was just giving my view on why people on here cheer the price rises. Swings are inevitable and I personally am not convinced this movement will not correct itself in due course. Good discussion 🙂

Understood completely, but you said you are in agreement with the post questioning why people like to see the price rise. I was just giving my perspective on that reason. This has reminded me the forum has a mix of people. Investing mindsets alongside numismatic interests.

When would you like your investment value to increase? Once you have bought all the gold you want? It's best to see the money spent each time as a total amount invested in to a commodity which will hopefully see returns, rather than focus on the cost of individual items. This is what happens when investing gets blurred with a hobby and interest. No one worries about their pension rising with the stock market, they keep putting the monthly contributions in regardless. Do the same with gold.

I think people are happy to see a profit on their stack, while hoping future purchases will also increase from when they bought them. So if gold keeps rising, and we keep buying, our wealth keeps growing. If the price never moved it would be a terrible way to save and Inflation would erode any gains given time. So unless you are purely a collector who doesn't see gold as a way to save and invest or you are just starting out and have no stack, price rises are great

As someone who had a year away from the forum recently, I can't help but feel silver is on sale right now on here. Minted bars for £25oz. Eagles for the same or less. When silver was under £20oz I'm sure the above items were about the same price as they are now? Previously on this forum I felt gold was the bargain and the premiums on silver were not worth it. Of course it could be getting ready to fall back down, but I am backing up the truck.

I'll take them if it's a mint tube

Now including postage.

Might not be bargains. Silver has been way higher than this before. It was over $40 per Oz in 2011. People are cautious for good reason. I'm still buying .

Good prices

Something a bit different. 50 Escudos coin. Portugal 50 Escudos KM 602 Prices & Values | NGC (ngccoin.com) 0.650 silver Silver content 0.38 Oz Selling at £15 posted (2nd signed for) Thanks

This week's deliveries. A tube of ASEs from @PercyItsGreen 2 ASEs from @bobski 2 ASEs from @ZEE123 And finally 3 Tudor beasts from @Fenlander1

Have you considered a 1gram bar? More selection available.

Stick to smaller coins (sovs personally). If you want to sell and buy a 1oz down the line you can.